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Author Topic: My 1 month testing trade result $500 profit  (Read 519 times)
Ryker1
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February 06, 2021, 09:29:57 PM
 #41

This is one of the powers of spot trading.
I also ever got this, getting around $200 of XRP in 2 days.
Well, that is very interesting, it perhaps motivates me to go back to trading work when I am not busy. How does the spot trading work? --can I apply this even though I can't give enough time to monitor the market? It is very tempted when you guys discussing your profit and having a positive result of the income. Look at the market [ATM], we are on a bullish trend and I think, you supposedly have profit because of bitcoin and other crypto moving forward. Indeed, that is very good earning, job well done and I hope it will continue of having profit and also keep us up to date in here.









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February 06, 2021, 10:10:14 PM
 #42

thats an amazing achievement, to be honest I want to get the achievement like the OP did,
$ 500 in trading is a lot of money, I still get $ 1 to $ 2 every day, I can't imagine if I get $ 500 every month,
do you have any tips to follow in your footsteps? I'm interested friends.

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February 06, 2021, 10:26:10 PM
Last edit: February 09, 2021, 12:54:51 AM by StephenJH
 #43

Amazing profit! Keep it up and never look back. The proven trading statement is better than full false promises and I prefer to trade the spot market with my spot balance too instead of risking it with leverage. Did you ever think about long term trading? The swing or day trading is risky compared to the long term. If you go to trade long term crypto pairs, you will have a high chance of hitting the profit target. Otherwise, it will take longer than usual to get the same profit with day trading, from my experience.

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February 06, 2021, 10:31:54 PM
 #44

Did you make several trades here? Or hold mostly at the time?

As everyone knows, just by holding our hold coins even with few spot trading on the action, PNL percentage can reach up to +100%.

Congrats on your achievement. You did a great job.

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February 06, 2021, 10:35:09 PM
 #45

This is a huge profit man also I would like to ask didn't you also include other coins on this trade or just only the BC/USDT also just wondering about your PNL stats because this stated you're earning on a week or months. This kind of trader is the one most need to.be followed because there are a lot of new traders giving all in their funds after on it loss up because of higher leverage.

Also wanting to us what is your default leverage? Or it just depends on your mood.?.

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February 06, 2021, 11:26:44 PM
 #46

Wow! That is an amazing journey, I really appreciated what you have done, can I contact you and ask for some advice? Wink I guess I will able too to earn profit like this is just 1 month.

That is good and keep it up, however, don't be confident too much and I guess that is only a coincidence because the market kept raising up the price, but I guess if the price has a correction, it will surely for you earn amount like what you have shared.

Good luck with your journey, I hope soon you will shot an update here.

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February 06, 2021, 11:50:18 PM
 #47

Wow! That is an amazing journey, I really appreciated what you have done, can I contact you and ask for some advice? Wink I guess I will able too to earn profit like this is just 1 month.

That is good and keep it up, however, don't be confident too much and I guess that is only a coincidence because the market kept raising up the price, but I guess if the price has a correction, it will surely for you earn amount like what you have shared.

Good luck with your journey, I hope soon you will shot an update here.
He buys at a low price then traded at a high price, easy $500 profit in a few days. Well, he got so lucky because the market is trending high but the test for every trader when the market dump right after they bought some crypto. I'm not sure if OP could manage his emotions and make another $500.

BTW, I suggest not to send anyone asking for help because we wanted to learn how to trade, I'm worried about if that will turn you into a scam. It happens several times and it seems like you wanted it to happen to you. Well, That's your choice mate, I use YT for these tutorials instead.

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February 07, 2021, 12:34:10 AM
 #48

I share your joy very well. You must be doing something right which I am constantly doing wrong. I always walk away with a loss. But I am still trying and gradually I will break through like you have.
You can do it.

Just do something different if your strategy do not work at all.

Take these shared experiences and successes as your inspiration. Because if others can, you can do it too.

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JooBra
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February 07, 2021, 11:34:29 AM
 #49

I share your joy very well. You must be doing something right which I am constantly doing wrong. I always walk away with a loss. But I am still trying and gradually I will break through like you have.
You can do it.

Just do something different if your strategy do not work at all.

Take these shared experiences and successes as your inspiration. Because if others can, you can do it too.
You are right. The most important thing is that you learn from your mistakes and from other people experiences. With that try to make a strategy that works for you.
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February 07, 2021, 01:06:50 PM
Last edit: February 07, 2021, 07:15:24 PM by XZERO1
 #50

Even though it's fine to enjoy the profit you got from trading, you shouldn't let these possibly short-term gains fool you, market can be really brutal at times and you just happened to start your trading journey in a bull market where you can not just go wrong since almost everything is going up in USD/USDT value.

Getting a good profit out of trades have one negative effect if you're inexperienced and that is giving you false sense of confidence which could eventually lead you down a path of not using stop-loss or not taking profit when you had the chance which is not a pleasant experience to say the least.

So keep using stop-loss/take-profit at all times and don't ever think about not using them no matter how sure of that specific trade you are because crypto market can change from green to red rather fast and you don't want to lose the profit that you just got + maybe more money because you did not manage your risk exposure properly.
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February 07, 2021, 01:20:14 PM
 #51

Now that is some very nice profit indeed. You can take aside the $350 capital you initially invested and play more with the $500 profit you earned.
You can try turning that $500 into $1000 and in the process, even if you lose some, it won't be that big a deal because you had taken out your capital amount already.
Good luck and keep up the good work.

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sujonali1819
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February 07, 2021, 03:18:09 PM
 #52

It’s really good for you that you have made a good profit in last month. So try to keep this job ongoing.

To be honest according to recent market conditions trader has a very chance to win in every trade and make huge profits. That means It's quite easy than bearish market.

And you have to keep continue this in bullish or bearish market. You just made profit in one month. Then if you can not make it next month or lose then it could not be a good conclusion. So always try to secure your profit.

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February 07, 2021, 05:23:33 PM
 #53

You have made this profit using your trading knowledge which is really good news. Since it was to test trading skills, I think you did a good job. Many traders come to trade without knowing exactly how to trade, which is why they trade with more funds in the first place and lose their own funds.

I like your strategy, you should test trade with a small amount of funds to know about the market before making a big investment.

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February 07, 2021, 06:15:47 PM
 #54

~

I really thought at first that you traded in futures or spot traded daily, but you just held 350USD worth of BTC at its 30KUSD price point -- which then turns 40K now leaving you with 500USD worth of profit. Never turned bad, indeed. But don't be too greedy and be ahead of yourself. As a suggestion, better take that 500USD and turn it back to USDT leaving you with back to your capital, then go start again with that profit. Why? The market now is too volatile, your holdings in btc might be 850 usd but it would soon be back to 350 once it reached 30K again. And getting your profit at this point wouldn't really be regretful as you already had your profit which is twice as your capital.

But if you want to risk it and keep it in BTC, it's up to you. Good luck dude. It's really nice to see some people earn such amount in a month.  Grin

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crzy
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February 07, 2021, 09:55:20 PM
 #55

I just started doing the same thing for this month and I’d hope that I make the same profit and hopefully not to lose money. Trading is very challenging and very few succeed simply because they created their own strategy and they didn’t depend on any trading signal, we can always win in this market if we stay disciplined.
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February 07, 2021, 10:08:41 PM
 #56

Let me me first say, you have done a great job with what you have done or make with your Investment. $350 turned to $850. A margin of $500 in ther space of just one month. Just like what you said, you are not a newbie, that means you have been doing this for quite awhile now. But that is not the big deal. You have been able to only to double your money but almost times three. And any newbie reading this should not think trading is that easy, so you won't go amd put all your life savings on it. Lete shock you. You can lost everything in just a day. So, care has to be taking while Trading.

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February 07, 2021, 10:43:16 PM
 #57

Excellent results if you are trading BTC/USDT only! This particular pair is too wild for me and I'm trading altcoins.

What strategy are you using to guess the price direction? Or you are using another approach, maybe?
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February 08, 2021, 05:26:59 AM
 #58

I am really surprised to see your trading results and I also want to make a profit by trading like you but I am not able to trade at present due to lack of dollars.Moreover, I don't understand much about trading and I find it risky to trade.
Have you enlisted the help of any group to trade? Or do you have any trading tips that make it possible to make a good profit by trading?
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February 08, 2021, 02:02:08 PM
 #59

I share your joy very well. You must be doing something right which I am constantly doing wrong. I always walk away with a loss. But I am still trying and gradually I will break through like you have.
You can do it.

Just do something different if your strategy do not work at all.

Take these shared experiences and successes as your inspiration. Because if others can, you can do it too.
You are right. The most important thing is that you learn from your mistakes and from other people experiences. With that try to make a strategy that works for you.
Yes.

Don't forget to include others mistakes. Because if you're applying that to learn and to improve, you'll definitely enjoy it and you're going to be good in your trades.

Just keep trying.

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February 08, 2021, 08:26:02 PM
 #60

Good money for a profit  within  this short period  of time. Spot trading  is always cool, I see future trading as very risky for inexperienced  traders.  In terms  of making  success with trading,  it requires  constant practice  and dedication  to gain that experience. Although  there may be unexpected  pumps and dumps, with  little experience,  traders are able to take profit  most of the time.

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